News articles about Continental Resources (NYSE: CLR) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Continental Resources earned a news score of 0.10 on Accern’s scale. Accelerated to a new level of impact on the oil and natural gas company an impact score of 46.5007601504068 out of 100, indicating that recent news coverage is unlikely to have an impact on the company’s future price.
Here are some of the news stories that have been made Accern Sentiment’s rankings:
A number of analysts have issued reports on the stock. Barclays reiterated an “overweight” rating and issued a $ 58.00 price target (up from $ 53.00) Morgan Stanley lifted their price target on shares of Continental Resources from $ 51.00 to $ 56.00 and gave the company an “overweight” rating in a report on Wednesday, November 8th. Imperial Capital was born on Tuesday, September 19th. They issued an “in-line” rating and a $ 41.00 price target on the stock. Piper Jaffray Companies restated a “buy” rating and issued a $ 57.00 target prices on shares of Continental Resources in a report on Tuesday, January 9th. Finally, SunTrust Banks restated a “buy” rating and issued a $ 55.00 target prices on shares of Continental Resources in a report on Friday, November 10th. Seven research analysts have rated the stock with a hold rating, and have given a buy and sell rating. The company currently has an average rating of “Buy” and an average price target of $ 49.15. Continental Resources ( NYSE CLR ) opened at $ 57.66 on Friday. The company has a market cap of $ 21,634.55, a PE ratio of -823.60 and a beta of 1.44. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.55. Continental Resources has a high rate of $ 29.88 and a high of $ 58.89. Continental Resources (NYSE: CLR) last released its quarterly earnings data on Tuesday, November 7th. The oil and natural gas company reported $ 0.09 per share for the quarter, the consensus estimate of $ 0.04 by $ 0.05. The company had revenue of $ 726.74 million during the quarter, compared to analysts’ expectations of $ 710.77 million. Had a negative net margin of 0.95% and a positive return on equity of 0.23%. The firm’s quarterly revenue was up 38.1% on a year-over-year basis. During the same period in the previous year, the company earned ($ 0.22) EPS. equities analysts predict that Continental Resources will post 0.34 earnings per share for the current fiscal year.
In other news, Director Mark E. Monroe sold 20,000 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $ 47.90, for a total value of $ 958,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, President Jack H. Stark sold 12,000 shares of the company ‘s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $ 49.05, for a total transaction of $ 588,600.00. The disclosure for this sale can be found here . Over the last three months, insiders sold 52,874 shares of company stock valued at $ 2,603,673. 76.87% of the stock is owned by corporate insiders.
This article was originally published by StockNewsTimes and is the property of StockNewsTimes. If you are viewing this article on another site, it has been copied illegally and republished in violation of United States & international copyright and trademark laws. The legal version of this article can be read at https://stocknewstimes.com/2018/01/14/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-continental-resources-clr-stock-price. html.
About Continental Resources
Continental Resources, Inc is a crude oil and natural gas company with properties in North, South and East regions of the United States. North Dakota Bakken, Montana Bakken and the Red River units.
Receive News & Ratings for Continental Resources Daily – concise daily summary of the latest news and analysts’ ratings for Continental Resources and related companies MarketBeat.com’s FREE daily email newsletter .